BMOP vs FCAL
BNY Mellon Municipal Opportunities ETF against First Trust California Municipal High income ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
2%
13 shared positions
Fee gap
11 bp
BMOP is cheaper
1-year return gap
—
Larger fund
BMOP
$1.8B
Side by side
| BMOP | FCAL | |
|---|---|---|
| Fund | BNY Mellon Municipal Opportunities ETF | First Trust California Municipal High income ETF |
| Issuer | BNY Mellon | First Trust |
| Category | High Yield Muni | High Yield Muni |
| Expense ratio | 0.54% | 0.65% |
| Assets | $1.8B | $206M |
| Average daily dollar volume | $11M | $2.0M |
| Listed | Oct 15, 2008 | Jun 20, 2017 |
| FrenzyCap score | 56 | 42 |
| 1-month return | −1.0% | −1.0% |
| 3-month return | −4.3% | −3.6% |
| Year to date | — | −5.1% |
| 1-year return | — | −5.2% |
| 30-day volatility | 7.0% | 6.8% |
| Worst drawdown, 1 year | −7.6% | −8.3% |
| Trailing 12-month yield | 2.64% | 3.63% |
| Holdings | 667 | 281 |
| Top 10 weight | 8.3% | 10.6% |
| Look-through P/E | — | — |
| Holdings vs fair value | — | — |
| Holdings above 200-day average | — | — |
| Net flow, latest 3 reported months | −$60M thru May 2026 | +$17M thru Jul 2026 |
| 30-day implied volatility | — | — |
| Holdings as of | as of May 29, 2026SEC filing | as of Oct 20, 2026issuer data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
2% of BMOP · 5% of FCAL| Holding | BMOP | FCAL |
|---|---|---|
| CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY (CA) 5.25%, due Jan 1, 2054 | 0.36% | 0.49% |
| CALIFORNIA MUNICIPAL FINANCE AUTHORITY (CA) 5%, due May 15, 2040 | 0.29% | 0.17% |
| CALIFORNIA MUNICIPAL FINANCE AUTHORITY (CA) 4%, due Jul 15, 2029 | 0.17% | 0.77% |
| SOUTHERN CALIF PUB PWR AUTH 5%, due Nov 1, 2033 | 0.15% | 1.24% |
| CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY (CA) 5%, due Apr 1, 2047 | 0.14% | 0.40% |
| PUERTO RICO SALES TAX FINANCING CORP 4.329%, due Jul 1, 2040 | 0.12% | 0.20% |
| GUAM GOVERNMENT WATERWORKS AUTHORITY 5%, due Jan 1, 2050 | 0.11% | 0.13% |
| MILITARY INSTALLATION DEVELOPMENT AUTHORITY (UT) 4%, due Jun 1, 2052 | 0.10% | 0.19% |
| CALIFORNIA MUNICIPAL FINANCE AUTHORITY (CA) 5.5%, due Sep 1, 2056 | 0.09% | 0.25% |
| CALIFORNIA MUNICIPAL FINANCE AUTHORITY (CA) 5%, due Jul 1, 2038 | 0.06% | 0.21% |
| CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY (CA) 5%, due Dec 1, 2033 | 0.06% | 0.15% |
| PUERTO RICO, COMMONWEALTH OF 4%, due Jul 1, 2033 | 0.04% | 0.51% |
| CALIFORNIA SCH FIN AUTH 5%, due Jul 1, 2039 | 0.01% | 0.12% |
Sector mix of the stock holdings
No sector breakdown: these funds hold few classified stocks.
More: full overlap table · BMOP holdings · FCAL holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.